This must be the share of the future...........A co with 15 employees mostly Boffins with a unique product under development that has massive potential in the alternative energy sector
My only regret is that I watched the sp rocket from 11op to 210p before getting into the nose cone

H2USA Update

RNS

RNS Number : 2185L
ITM Power PLC
08 August 2013



8 August 2013

ITM Power plc
("ITM Power" or the "Company")

H2USA Update

New members sign up, launch meeting to be held today

ITM Power, Inc. of California, a wholly owned subsidiary of ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to provide an update on its participation in H2USA, the hydrogen infrastructure programme for the USA.

The United States Energy Department launched H2USA, a public-private partnership focused on advancing hydrogen infrastructure to support more transportation energy options for US consumers, including fuel cell electric vehicles (FCEVs) on 13 May 2013. Since that date, 12 additional organisations have signed up to H2USA: Air Liquide, American Honda Motor Company, ARC: Hydrogen, Argonne National Laboratory, Chrysler Group LLC, General Motors Holding, Hydrogenics, National Renewable Energy Laboratory, Nuvera Fuel Cells, Plug Power, SCRA and Sandia National Laboratories. The 13 founding members of the H2USA partnership were the American Gas Association, Association of Global Automakers, the California Fuel Cell Partnership, the Department of Energy, the Electric Drive Transportation Association, the Fuel Cell and Hydrogen Energy Association, Hyundai Motor America, ITM Power, Inc., Massachusetts Hydrogen Coalition, Mercedes-Benz USA, Nissan North America Research and Development, Proton OnSite, and Toyota Motor North America.

The launch meeting of H2USA takes place today in Washington at the offices of the Association of Global Automakers with an agenda to develop an organisational framework and strategy to address H2USA's mission to promote the commercial introduction and widespread adoption of FCEVs across America through overcoming the hurdle of establishing hydrogen infrastructure. Attendees will be welcomed by Dr. David Danielson, Assistant Secretary, Energy Efficiency and Renewable Energy, U. S. Department of Energy.

Four working groups within H2USA have been formed to report on moving hydrogen infrastructure forward and the barriers that need to be overcome to deliver that objective:

· Hydrogen Fueling Station Working Group
· Market Support and Acceleration Working Group
· Financial Infrastructure Working Group
· Locations Roadmap Working Group

Geoff Budd of ITM Power, Inc. and a member of the Hydrogen Fueling Station Working Group, commented: "As a founding member of H2USA, we will be very much involved in helping to map out the United States' strategy for the adoption of hydrogen infrastructure and will be able to share global experience from our membership of similar organisations in the UK, Germany, France, Switzerland and Denmark.

"The US market looks set to be a key territory for ITM Power. I am delighted with the progress we are making in North America."

EU Grant award

ITM Power (AIM: ITM), the clean fuel and energy storage company, announces that it has received confirmation of a €0.35m (£0.31m) grant award to work with a consortium to demonstrate energy efficient technologies and energy storage solutions for non-residential buildings.

From III

Thüga plant delivered on schedule

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce that it has delivered its first Power-to-Gas plant to the Thüga Group in Frankfurt on time and to budget.

The plant is now deployed at the Mainova Aktiengesellschaftsite in Schielestrasse, Frankfurt am Main where the compliant gas mixing and grid injection infrastructure, is already in place. The plant will now undergo an extensive acceptance, compliance and commissioning phase before going live in December. The install also includes a monitoring facility and visitor's reception so that members of the Thüga group can examine the performance of the plant.

The Company will update the market when commissioning is completed and the plant first injects hydrogen into the German Gas Grid. The operational data will be shared by the whole Thüga group - the largest network of energy companies in Germany with around 100 municipal utility members.

The Thüga plant is the first to be delivered of £4.5m of equipment being manufactured at ITM Power funded by commercial sales and grant funded collaborative projects. With an order book of £1.7m and a rapidly developing pipeline of revenue the Thüga delivery marks a significant juncture for ITM Power.

Organised in partnership with Cenkos Securities and Shares magazine, the second Innovators & Investors Forum will take place on 4th February 2014 at the Business Design Centre, London N1.

The event aims to showcase up to 40 leading innovative and imaginative technology-led firms and to bring them together with the investment community. It combines both a company expo and an educational conference where delegates learn about a range of investment opportunities.

REGISTER NOW

Why attend?

This event gives you a platform to meet under one roof up to 40 technology-led companies, hear their messages during presentation seminars and engage in discussions with them on their stands.

The event is supported with an extensive conference program, including keynote speakers and company presentations.



Companies already confirmed for the 4th February 2014 include:

Allocate Software
Angle
Avanti Communications
Bango
Bond International Software
Brady
Cenkos Securities
CML Microsystems
Deltex Medical
Earthport
Eleco
Enables IT
Escher Group Holdings
Filtronic
Forbidden Technologies
Globo
Imperial Innovations
incadea
InternetQ
ITM Power
KBC Advanced Technologies
Kromek Group
Optimal Payments
Plastics Capital
Quindell
Regenersis
Rightster
StatPro
Transense Technologies


CONFERENCE AGENDA

The following session is dedicated to a mix of institutional investor and private investors.

11:40 Company presentation - Colin Miles, VP, Corporate Relations - InternetQ

11:55 Company presentation - Hank Uberoi, CEO - Earthport

12:10 Company presentation - Quindell

12:25 Company presentation - Dr Nigel Pitchford, Chief Investment Officer - Imperial Innovations

12:40 Lunch

The afternoon sessions are dedicated to private investors.

14:00 Keynote address - Richard Penny, Senior Fund Manager - Legal and General UK Alpha Trust

14:15 Russ Mould, Editor - Shares Magazine

14:30 Company presentation - Kromek Group

14:45 Company presentation - Joel Leonoff, President & CEO - Optimal Payments

15:00 Company presentation

15:15 Company presentation - Charlie Muirhead, CEO and Founder - Rightster

15:30 Company presentation - Caroline Brown, Executive Director & CFO - KBC Advanced Technologies

15:45 Coffee

16:15 Company presentation - Andrew Fabian, Group Finance Director - StatPro

16:30 Company presentation

16:45 Company presentation

17:00 Company presentation - Jonathan O’Connell, CFO - Escher Group Holdings

17:15 Company presentation - ITM Power

17:30 Close

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.


This agenda is subject to change and alterations. More companies to be announced soon.

REGISTER NOW

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



This agenda is subject to change and alterations. More companies to be announced soon.



EXHIBITION

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



Dress code: business attire




VENUE
Business Design Centre
52 Upper Street
Islington
London N1 0QH

http://www.businessdesigncentre.co.uk/

Access map: http://www.businessdesigncentre.co.uk/VisitingUs

Closest tube station: Angel (3 min. walk) - Northern Line





SPONSOR


Cenkos Securities is an independent specialist securities firm focused on UK small and mid-cap companies.
We aim to be entrepreneurial, whilst seeking to establish long-term relationships with corporate and institutional clients.
Our directors and partners have on average more than 25 years' experience in the UK securities market. They have pioneered and led some of the most successful and innovative transactions in the UK securities market over the last decades.

REGISTER NOW

Contract with AMEC and National Grid

Gas Network Optimisation Contract with AMEC and National Grid

ITM Power (AIM:ITM), the energy storage and clean fuel company, is pleased to announce that it has secured a commercial contract from AMEC and National Grid to assess the deployment of Power-to-Gas Energy Storage technology to reduce the energy losses in the gas network.

The project will look at the cost and energy benefit of deploying Power-to-Gas technology at specific sites on the gas network to reduce energy losses and increase system efficiency. AMEC, a tier 1 supplier to National Grid will be undertaking a third party assessment of the cost benefit analysis.

Dr Graham Cooley, CEO of ITM Power commented: "ITM Power is delighted to be working with National Grid and AMEC on this important deployment study which has very significant market potential in the UK and worldwide."

£2.8m contract to supply three refuelling stations in London

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the successful award of a contract to supply three of its electrolyser-based refuelling stations to London under the EU FCH JU funded HyFive project announced by the Mayor of London's Office today. The contract is worth approximately £2.8 million (€3.3m) to ITM Power and brings the total value of product build under contract to £6.6m.

The three CE marked rapid response grid balancing stations will be the first green hydrogen deployments in London and are expected to be operational in time to coincide with the roll out of fuel cell electric vehicles planned by the major OEM's. The full text of the announcement from the Mayor's Office is set out below:


more...

Now that is an opening gap!

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Toyota to Launch Fuel Cell Sedan in 2015

RNS

RNS Number : 2737T
ITM Power PLC
02 October 2014



2 October 2014

ITM Power plc
("ITM Power" or "the Company")

Toyota to Launch Fuel Cell Sedan in 2015

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by Toyota, at the Paris Motor Show, of its intention to launch its Fuel Cell Sedan in Japan, the USA and in Europe during the course of 2015. The full text of Toyota's announcement is set out below:

TOYOTA FUEL CELL SEDAN AT THE 2014 PARIS MOTOR SHOW

After more than 20 years of research, Toyota's vision of the car of the future has become a reality. The new Toyota Fuel Cell Sedan, seen for the first time in Europe at the Paris motor show, can carry four people in comfort, has a driving range comparable with a petrol engine vehicle and can be refuelled in around three minutes, yet its only tailpipe emission is water vapour.

The world's first production hydrogen-powered saloon is a development of the Toyota FCV Concept that made its international debut at the 2013 Tokyo motor show. While remaining faithful to the avant garde styling of the concept, the Fuel Cell Sedan features a number of detail changes that make it practical for everyday driving, including adjustments to the radiator grille, headlamps, rear lights, aerial, roof and fuel filler flap. Unsurprisingly, the concept's rear-view cameras have been replaced by conventional mirrors.

The Toyota Fuel Cell Sedan will be launched in Japan, the USA and in Europe during the course of 2015.

Specific architecture
The Toyota Fuel Cell Sedan is designed to be practical for motorists' everyday needs, being a front-wheel drive, four-door, four-seat saloon. Performance and cruising range are like that of a petrol engine vehicle and filling the fuel tank takes roughly three minutes.

To maximise cabin space and lower the car's centre of gravity, the fuel cell, battery and fuel tanks are installed under the floor. The two tanks store hydrogen at pressures up to 700bar.

The front compartment houses the electric motor, electronic control system and boost converter. The converter increases the voltage produced by the fuel cell, so has allowed for the size of the motor and number of cells to be reduced, cutting costs and increasing performance.

The technology has advanced considerably since 2002 when Toyota began renting Highlander SUV-based fuel cell vehicles to customers in Japan and North America. A key difference in the new generation of fuel cells is that there is no humidifier; the humidity the fuel cell needs is taken directly from the water produced in the chemical reaction between the hydrogen and oxygen. This means the structure of the fuel cell has been made simpler, more compact, more reliable, lighter and cheaper to produce.

Commercialisation
The Fuel Cell Sedan will go on sale in Japan before April 2015 and preparations are under way for launches in the USA and European markets in the summer.

In Japan the Fuel Cell Sedan will be sold at Toyota and Toyopet dealerships, priced at approximately seven million yen (about £43,450). Initially sales will be limited to those parts of the country where a hydrogen refuelling infrastructure is under development. Prices for Europe and the USA have not yet been decided. Detailed information such as final prices, specifications and sales expectations will also be announced later.

Toyota's commitment to developing vehicles that are kinder to the environment is based on three principles: embracing diverse energy sources; securing low vehicle emissions; and driving positive environmental change by making these vehicles popular with customers.

Hydrogen has great potential as an alternative fuel. It can be produced from a wide variety of primary energy sources, including solar and wind power; it is easy to store and transport; and when compressed, it has a higher energy density than batteries. It could also be used in a much wider range of applications beyond automotive and domestic use, including large-scale power generation.
Fuel cell vehicles contribute to the diversification of vehicle fuels. They emit no carbon dioxide or substances harmful to the environment when driven, but offer the convenience associated with petrol-powered vehicles. Toyota believes the technology has great potential in the development of vehicles that are kinder to the environment and ideal for helping deliver sustainable mobility.

The HyFive project
The aim of the HyFive (Hydrogen for Innovative Vehicles) project is to speed up the introduction hydrogen-powered cars in Europe. The group is a partnership of 15 vehicle manufacturing and energy providing businesses who are joining forces to help ensure a co-ordinated deployment of fuel cell vehicles, in conjunction with establishment of the refuelling and fuel supply infrastructure they will require.

Toyota, BMW, Daimler, Honda and Hyundai will be responsible for delivering a fleet of 110 vehicles to six European cities: Bolzano, Copenhagen, Innsbruck, London, Munich and Stuttgart. A network of hydrogen refuelling pumps will be developed simultaneously within these five metropolitan areas, as well as in Sweden, Denmark's close neighbour.

The vehicles deployed by Toyota from the effective launch of the programme at the end of 2015 will be fitted with a continuous data logging system. This will operate throughout the three-year project, providing engineers with detailed, day-to-day feedback on the cars' use and performance, information that will be essential for further development of the fuel cell technology.

For all stakeholders, the project will raise the public image of the hydrogen-powered car, the future of private transport.

Main technical specifications
Power source - hydrogen fuel cell
Fuel cell type - polymer electrolyte
Electric motor - permanent magnet
Hydrogen tanks - two high-pressure (700bar/70MPa) units


For further information please visit www.itm-power.com or contact:

ITM Power plc
Graham Cooley, CEO

0114 244 5111
Zeus Capital
Tim Metcalfe (Nominated Adviser)
John Goold (Institutional Sales)

020 7533 7727
Tavistock Communications
Simon Hudson / James Collins
020 7920 3150

About ITM Power plc:
ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004 and raised its initial funding of £10m gross in its IPO. Further funding rounds of £28.5m in 2006, £5.4m in 2012, £2m in 2013 and £10m in 2014 have been completed. The Company has now made the transition from a research and development company to a product manufacturer and technology provider. The Company has both a strong base of intellectual property and engineering expertise for providing complete hydrogen solutions.
www.itm-power.com

-ends-


This information is provided by RNS
The company news service from the London Stock Exchange

END


NRAFSISUEFLSESS

"ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by Toyota"....but there is nothing to suggest that ITM have had any input into this vehicle. It just seems that they (ITM) have been pleased that this particular technology is being commercialised.

Trading Statement

Some great news out today for ITM !!



ITM Power PLC
UK Government Funding for FCEV Infrastructure
RNS Number : 9008T
ITM Power PLC
09 October 2014




9 October 2014



ITM Power plc

("ITM Power" or "the Company")



Government Funding to Help Prepare the UK for the Arrival of Hydrogen FCEVs



ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to note the announcement by Business Minister Matthew Hancock in Japan of £11m of funding to help establish an initial network of up to 15 hydrogen refuelling stations by the end of 2015 and for public sector hydrogen vehicles. These 15 refuelling stations are 'a significant first step towards the initial national network of 65 identified by UKH2Mobility'.



The full text of The Government's announcement is set out below:



MULTI-MILLION POUND FUND TO GET HYDROGEN CARS MOVING



The arrival of hydrogen cars on UK roads is a step closer today as the Business Minister Matthew Hancock announced up to £11 million of funding. Government and industry will prepare the UK for the roll-out of hydrogen fuel cell electric vehicles (FCEVs).



The £11 million investment will:

· help establish an initial network of up to 15 hydrogen refuelling stations by the end of 2015

· include £2 million of funding for public sector hydrogen vehicles.



This is part of the UK Government's drive to become a global leader in ultra-low emission vehicles and follows news earlier this month that Toyota has chosen the UK as one of the first markets for its FCEV when it goes on sale next year.



It is just one of the ways that Government plans to decarbonise road transport alongside battery electric vehicles and plug-in hybrids with £400 million of support available in the current Parliament and £500 million committed in the next.



Of the £11 million announced today, £7.5 million will come from Government and £3.5 million from industry:

· £2 million of top-up funding to upgrade 6-8 existing hydrogen refuelling stations (already operational or under development in the UK) and take them from demonstrator projects to publically accessible sites

· £3.5 million of funding to be matched by industry for 4-7 new hydrogen refuelling stations. This will include mobile stations as well as those on stand-alone sites and integrated into conventional petrol forecourts

· £2 million of funding for public sector fleets to encourage deployment of around 40 hydrogen FCEVs in focused geographical clusters.



Speaking in Japan where he met executives at Honda, Nissan and Toyota, Mr Hancock said: "Britain has become one of the best places in the world to build cars, with the value of those we export outstripping imports for the first time in a generation, but we want to go further.



"Hydrogen cars present us with a huge economic opportunity and can bolster our internationally renowned automotive industry. We want to make the UK one of the best places in the world to design, manufacture and sell ultra-low emission vehicles.



"Government will work in true partnership with industry so the potential benefits are realised

by businesses and consumers across the UK."



Transport Minister Baroness Kramer said: "By 2040 all new cars and vans will be ultra-low emission vehicles and this could be delivered by a variety of technologies, including plug-in hybrids, pure EVs and hydrogen. We want to ensure that support is there for all of these vehicles and that the UK continues to lead the pack in providing the right infrastructure to drive the switch to electric."



The programme follows on from the work undertaken by the UKH2Mobility project - which brings together leading businesses from the automotive, energy, infrastructure and retail sectors with Government - to provide a 'roadmap' for the introduction of fuel cell vehicles and hydrogen refuelling infrastructure in the UK.



Establishing 15 hydrogen refuelling stations by the end of 2015 will represent a significant first step towards the initial national network of 65 identified by UKH2Mobility.



Notes to editors

1) The UKH2Mobility project was established to evaluate the benefits of hydrogen fuel cell electric vehicles (FCEVs) to the UK and to develop a roadmap for the introduction of fuel cell vehicles and hydrogen refuelling infrastructure.



2) There are currently 12 industry participants (below) in UKH2Mobility together with three UK Government departments - the Department for Business, Innovation and Skills, the Department for Transport and the Department for Energy and Climate Change - and Transport Scotland, Welsh Government and the Greater London Authority. The European Fuel Cells & Hydrogen Joint Undertaking is also a participant.

Air Liquide SA

Daimler AG

Honda

The Hyundai Kia Automotive Group

Intelligent Energy Limited

ITM Power plc

Johnson Matthey plc

Morrisons

Nissan Motor Manufacturing (UK) Ltd

Sainsbury's

The BOC Group Limited (part of the Linde Group)

Toyota Motor Corporation



3) Hydrogen fuel cell electric vehicles share a large proportion of the electric motor and drive train technology with other electric and plug-in hybrid vehicles; it is the energy storage/conversion devices that are different. The fuel cell is an electrochemical device that can be refuelled quickly - it will continue to generate power so long as it is fed with hydrogen and fuel cell vehicles have a similar range to their internal combustion engine equivalents. They are highly efficient devices (50-60 per cent compared to an average of around 20 per cent for internal combustion engines) that produce no emissions or pollutants at the tail-pipe and much reduced overall well-to-wheel emissions when compared with today's petrol and diesel engines.



4) Hydrogen is a clean energy carrier. When used as fuel in fuel cell systems it does not produce any carbon emissions (carbon monoxide, carbon dioxide, unburned hydrocarbons or particulates). Therefore, using hydrogen will contribute to the improvement of air quality and the reduction of CO2.

Already posted above.

six weeks later, we have seen a lot more positive comments re itm, today from the german conection, we have seen the price in the last 10 days go from 19 to 30 as it is suggested that a large hoder(blacrock) got out. If this is true , the selling seen was very badly handled.
Yet seemingly no followers here.

Stable - I still hold some, but not worth much now - same story with AFC.

hold them another year will see some improvement, i need them to climb a lot but I am confident that will happen.todays announcemet could well be the beginning and then the motor interest may well be just the 'bit extra'

http://www.investegate.co.uk/itm-power-plc--itm-/rns/heles-project-funding/201411270700051117Y/

http://www.investegate.co.uk/itm-power-plc--itm-/rns/sale-of-second-major-power-to-gas-plant/201412110700154481Z/

http://www.investegate.co.uk/itm-power-plc--itm-/rns/second-contract-with-amec-and-national-grid/201412180700131101A/

http://www.brrmedia.co.uk/event/133318?popup=true